News
Market
Neocon & Casual Show Recap
The Stump team attended both the September 20-23 Casual show and the October 4-6 Neocon show in Chicago's famed Merchandise Mart. After a long, COVID-induced pause, we found both to be upbeat despite mixed traffic.
Neocon & Casual Show Recap
The Stump team attended both the September 20-23 Casual show and the October 4-6 Neocon show in Chicago's famed Merchandise Mart. After a long, COVID-induced pause, we found both to be upbeat despite mixed traffic.
Market
High Point Furniture Market - October 2014
Stump & Company had a terrific and upbeat six days walking through the International Home Furnishings Market complex, and seeing much of the 12 million square feet of exhibition space spread over 180 buildings, hosting over 2,000 companies and more than 75,000 attendees.
High Point Furniture Market - October 2014
Stump & Company had a terrific and upbeat six days walking through the International Home Furnishings Market complex, and seeing much of the 12 million square feet of exhibition space spread over 180 buildings, hosting over 2,000 companies and more than 75,000 attendees.
Market
BDNY Nov 2018 - An Energetic November Market
The merger & acquisition market continues to be strong. In our opinion, it is the best environment since the late 1990s with high buyer interest and an abundance of sellers.
BDNY Nov 2018 - An Energetic November Market
The merger & acquisition market continues to be strong. In our opinion, it is the best environment since the late 1990s with high buyer interest and an abundance of sellers.
Market
Vegas Market Recap Jan 2022
The Stump team attended the semiannual Furniture Market at the Las Vegas World Market Center this week and was pleasantly surprised by the attendance and upbeat attitudes.
Vegas Market Recap Jan 2022
The Stump team attended the semiannual Furniture Market at the Las Vegas World Market Center this week and was pleasantly surprised by the attendance and upbeat attitudes.
Articles & Publications
Blog: 2021 – change, scale & opportunity
by Bo Stump
Ashley’s recently announced $1 billion capital investment over 18 months is a blockbuster that all of us in the furniture industry should take notice of. It is clear evidence of the need to remain agile, constantly improve and anticipate the numerous seismic changes coming around the next corner.
Blog: 2021 – change, scale & opportunity
Ashley’s recently announced $1 billion capital investment over 18 months is a blockbuster that all of us in the furniture industry should take notice of. It is clear evidence of the need to remain agile, constantly improve and anticipate the numerous seismic changes coming around the next corner.
Articles & Publications
An Outlook on the Furniture Industry
by Bo Stump
The furniture industry, like many others, has experienced rapid changes this year. Most notably: Consumption Patterns. The existential COVID-19 mandate to work (or for many, live) at home all day, every day, has been a boon to home and home office furnishings suppliers, as many consumers realized they needed a better home office, while others took the opportunity to upgrade dining and living areas.
An Outlook on the Furniture Industry
The furniture industry, like many others, has experienced rapid changes this year. Most notably: Consumption Patterns. The existential COVID-19 mandate to work (or for many, live) at home all day, every day, has been a boon to home and home office furnishings suppliers, as many consumers realized they needed a better home office, while others took the opportunity to upgrade dining and living areas.
Articles & Publications
Four factors feeding record furniture sales
by Stuart Stump Mullens
In their latest earnings reports, many home furnishing retailers are reporting record-breaking quarters. This is a historical anomaly for the industry — to be leading the charge out of a recession (though a welcome one).
We see four primary influences driving these results, some that should continue as tailwinds to the industry and others that are helpful in the moment but will likely abate with time
Four factors feeding record furniture sales
In their latest earnings reports, many home furnishing retailers are reporting record-breaking quarters. This is a historical anomaly for the industry — to be leading the charge out of a recession (though a welcome one).
We see four primary influences driving these results, some that should continue as tailwinds to the industry and others that are helpful in the moment but will likely abate with time
Articles & Publications
Reflections on 2020 and a look forward to 2021
by Bo Stump
On February 24th we attended Billy Joel’s monthly concert in NYC’s Madison Square Garden and never considered that COVID could become an issue here, despite it beginning to circle the globe. By mid-March the US was shut down, the stock market was plummeting, and unemployment was skyrocketing.
Reflections on 2020 and a look forward to 2021
On February 24th we attended Billy Joel’s monthly concert in NYC’s Madison Square Garden and never considered that COVID could become an issue here, despite it beginning to circle the globe. By mid-March the US was shut down, the stock market was plummeting, and unemployment was skyrocketing.
Deal Announcements
Braxton Culler, Inc. is acquired by Classic Home, Inc.
Classic Home, Inc. has acquired 100% of Braxton Culler, Inc with Stump serving as exclusive financial advisor to Braxton Culler.
Braxton Culler, Inc. is acquired by Classic Home, Inc.
Classic Home, Inc. has acquired 100% of Braxton Culler, Inc with Stump serving as exclusive financial advisor to Braxton Culler.
Deal Announcements
Hooker Furnishings Enters Outdoor Category With Acquisition of Sunset West
We are pleased to announce the sale of Sunset West, LLC. to Hooker Furnishings Corporation. Stump initiated this transaction and exclusively represented the selling shareholders.
Hooker Furnishings Enters Outdoor Category With Acquisition of Sunset West
We are pleased to announce the sale of Sunset West, LLC. to Hooker Furnishings Corporation. Stump initiated this transaction and exclusively represented the selling shareholders.
Articles & Publications
Profile: The Stump Companies
Nearly 50 years ago Charlotte businessman Ralph Stump founded The Stump Companies with a clear mission to provide owners of the furniture industries with real estate transactions and trusted, smart and confidential financial leadership overseeing mergers and acquisitions.
Profile: The Stump Companies
Nearly 50 years ago Charlotte businessman Ralph Stump founded The Stump Companies with a clear mission to provide owners of the furniture industries with real estate transactions and trusted, smart and confidential financial leadership overseeing mergers and acquisitions.
Articles & Publications
2021 is Expected to be a Boom Year for Mergers and Acquisitions
2020 will go down in history as an epic year of frustration, disappointment, hardship and much more. In the business world, however, we have seen an amazing stock market rally, encouraging data on a quick macro-economic recovery and positive signs for a stronger 2021.
2021 is Expected to be a Boom Year for Mergers and Acquisitions
2020 will go down in history as an epic year of frustration, disappointment, hardship and much more. In the business world, however, we have seen an amazing stock market rally, encouraging data on a quick macro-economic recovery and positive signs for a stronger 2021.
Deal Announcements
Vaughan Benz is acquired by Mandy Li Collection
Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Vaughan Benz® in its recently completed acquisition by Mandy Li Collection®, which closed on Friday November 13th. Longtime friends of both high-end hospitality players, the Stump team was thrilled to bring these two parties together.
Vaughan Benz is acquired by Mandy Li Collection
Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Vaughan Benz® in its recently completed acquisition by Mandy Li Collection®, which closed on Friday November 13th. Longtime friends of both high-end hospitality players, the Stump team was thrilled to bring these two parties together.
Deal Announcements
Bolton Furniture is Acquired by Trademark Global, a Portfolio Company of Bertram Capital
Stump & Company (“Stump”) was pleased to initiate this transaction and serve as the exclusive financial advisor to Bolton.
Bolton Furniture is Acquired by Trademark Global, a Portfolio Company of Bertram Capital
Stump & Company (“Stump”) was pleased to initiate this transaction and serve as the exclusive financial advisor to Bolton.
Deal Announcements
Urban Hardwoods, LLC is acquired by Urban Lumber Company Inc.
Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Urban Hardwoods, LLC (“Urban Hardwoods” or the “Company”) in its recently completed acquisition by Urban Lumber Company Inc. (“Urban Lumber”).
Urban Hardwoods, LLC is acquired by Urban Lumber Company Inc.
Stump & Company (“Stump”) is pleased to announce that it served as the exclusive financial advisor to Urban Hardwoods, LLC (“Urban Hardwoods” or the “Company”) in its recently completed acquisition by Urban Lumber Company Inc. (“Urban Lumber”).
Market
Spring 2020 Market Update
This has been a strange springtime for the world and the furniture industry.
Spring 2020 Market Update
This has been a strange springtime for the world and the furniture industry.
Market
Starting the Year Strong – The Winter Market Lineup
ur team kicked off 2019 with a flurry of travel. January’s tradeshow gauntlet was in full force with back to back shows for three consecutive weeks. The Vegas market this week was the highlight.
Starting the Year Strong – The Winter Market Lineup
ur team kicked off 2019 with a flurry of travel. January’s tradeshow gauntlet was in full force with back to back shows for three consecutive weeks. The Vegas market this week was the highlight.
Market
Winter Las Vegas Market - Jan. 2018
The Las Vegas market was busy and upbeat – the halls felt packed and energetic. There were even rumors that this market set attendance records!
Winter Las Vegas Market - Jan. 2018
The Las Vegas market was busy and upbeat – the halls felt packed and energetic. There were even rumors that this market set attendance records!
Market
High Point - Confidence, Energy, Strong Capital Flow
The attitude among high-end companies in particular was upbeat. The CEOs we spoke with were enjoying robust traffic and business in this strong economic climate.
High Point - Confidence, Energy, Strong Capital Flow
The attitude among high-end companies in particular was upbeat. The CEOs we spoke with were enjoying robust traffic and business in this strong economic climate.
Market
As We Prepare for the October 2017 Furniture Market...
This is an exciting time in the market cycle to be entering the High Point Furniture Market. The M&A market is wide open and transactions are happening across our Industry. Prospective Buyers are looking for growth, profitability, and strong management teams. If you need help getting there, we are happy to help. Now may be the time for you to sell!
As We Prepare for the October 2017 Furniture Market...
This is an exciting time in the market cycle to be entering the High Point Furniture Market. The M&A market is wide open and transactions are happening across our Industry. Prospective Buyers are looking for growth, profitability, and strong management teams. If you need help getting there, we are happy to help. Now may be the time for you to sell!
Market
HD Vegas Market Update - May 2017
The M&A environment remains upbeat, and we see a compelling balance of buyers and sellers. There are strong strategic buyers that are interested in growth and diversification of products. Private equity companies have invested in the space, which indicates that there is, likely, additional investment to follow.
HD Vegas Market Update - May 2017
The M&A environment remains upbeat, and we see a compelling balance of buyers and sellers. There are strong strategic buyers that are interested in growth and diversification of products. Private equity companies have invested in the space, which indicates that there is, likely, additional investment to follow.
Market
Spring High Point Furniture - April 2017
The weeklong Spring Residential High Point Market was upbeat and busy. The resounding feeling was that this market was a success, with the energy and enthusiasm of 2006/2007. We spoke with 200+ industry CEOs who described business as good in spite of a weak first quarter with some retailers.
Spring High Point Furniture - April 2017
The weeklong Spring Residential High Point Market was upbeat and busy. The resounding feeling was that this market was a success, with the energy and enthusiasm of 2006/2007. We spoke with 200+ industry CEOs who described business as good in spite of a weak first quarter with some retailers.
Market
Winter Las Vegas Market - January 2017
The Las Vegas Market continues to be an important market. The crowds were good and most exhibitors and visitors were optimistic about the coming year. After a year of relatively flat growth and negative political noise, people seemed ready to hit the ground running this year.
Winter Las Vegas Market - January 2017
The Las Vegas Market continues to be an important market. The crowds were good and most exhibitors and visitors were optimistic about the coming year. After a year of relatively flat growth and negative political noise, people seemed ready to hit the ground running this year.
Market
Fall High Point Market - October 2016
The M&A environment remains open and brisk. The announcement of Lee’s sale to American Leather indicates that the market is indeed open for business. Activity and strengthening of good companies is positive news for the entire industry.
Fall High Point Market - October 2016
The M&A environment remains open and brisk. The announcement of Lee’s sale to American Leather indicates that the market is indeed open for business. Activity and strengthening of good companies is positive news for the entire industry.